51–60 of 167 posts
Earlier quoted context omitted.
what was the use case when they wanted you to have a load balancer for a single server..?
I was told it was to avoid changing my DNS when I spun up a new server. With the load balancer being $50/month; that was the pitch that put me off Rackspace.
I still have a couple of dedicated servers with Rackspace. Been with them for over 10 years and am sad to see this. They truly did have the best support and were an amazing partner to my business in the earlier years. I knew this was coming and have moved a lot of our stuff off in preparation. Partly because of the unknown but also partly because their support has diminished over the past 2 years. I was kind of hopin…
I guess it was only a matter of time before they got bought out. It's tough to compete against one of Google, Amazon or Microsoft, competing against all 3 at the same time in an area that all three consider to be core to their future must just be cut throat! It's never great for a companies employee's to be taken over by a private equity firm, if you actually find someone whose had a good experience then please let m…
Off topic, but can you tell me more about the issue with being taken over by a private equity firm? I work for a 10k employee company who will be taken off stock exchange and sold to a Chinese equity firm.
I guess it was only a matter of time before they got bought out. It's tough to compete against one of Google, Amazon or Microsoft, competing against all 3 at the same time in an area that all three consider to be core to their future must just be cut throat! It's never great for a companies employee's to be taken over by a private equity firm, if you actually find someone whose had a good experience then please let m…
Off topic, but can you tell me more about the issue with being taken over by a private equity firm? I work for a 10k employee company who will be taken off stock exchange and sold to a Chinese equity firm.
Private equity groups don't make money from holding businesses, typically. They make the serious returns when they sell a business to a larger company. Keeping expenses low increases margins and drives the best returns.
The problem is that PE management aligns with short term incentive, which is especially difficult for a tech company where value is often derived from high investment into new and emerging technologies.
Earlier quoted context omitted.
All of the above. AWS (AMZN's public cloud reporting segment): FY15 Revenues: $7.8 billion CAGR (FY13-FY15): 59% FY15 Op Margin: 23% RAX: FY15 Revenues: $2.0 billion CAGR (FY13-FY15): 14% FY15 Op Margin: 10%
They're targeting different segments on different business requirements. Their numbers will never be comparable.
"The deal would have been unthinkable just two years ago,
when Rackspace and AWS were fierce rivals. But in early 2014,
Rackspace, facing ever slimmer margins amid a cloud-computing price war,
withdrew from head-to-head competition with Amazon. Since then,
it has focused on offering higher-margin services."
Earlier quoted context omitted.
They're targeting different segments on different business requirements. Their numbers will never be comparable.
RAX's strategy has shifted to "different segments" directly as a result of competition from AWS [0]. Now, AMZN has considerable supplier power over RAX: "The deal would have been unthinkable just two years ago, when Rackspace and AWS were fierce rivals. But in early 2014, Rackspace, facing ever slimmer margins amid a cloud-computing price war, withdrew from head-to-head competition with Amazon. Since then, it has foc…
Their service is very expensive compared to Google, AWS and the rest. I wonder how they've managed to survive on their own for so long
Great customer service.
I guess it was only a matter of time before they got bought out. It's tough to compete against one of Google, Amazon or Microsoft, competing against all 3 at the same time in an area that all three consider to be core to their future must just be cut throat! It's never great for a companies employee's to be taken over by a private equity firm, if you actually find someone whose had a good experience then please let m…
Off topic, but can you tell me more about the issue with being taken over by a private equity firm? I work for a 10k employee company who will be taken off stock exchange and sold to a Chinese equity firm.
Interesting. In contrast just about a year ago Verio's web hosting assets were sold to EIG for a mere $36 million. Both companies were founded around the same time ~ 1996, and at some point at the top of the dot-com boom were the two dominant dedicated server providers out there.